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Central Bank celebrates 40 years

The Central Bank of The Bahamas is celebrating its 40th anniversary this year with a public exhibition about the institution's history. Prime Minister Perry Christie (centre) tours the exhibition, which is erected at Rawson Square. Pictured: (from left) James Smith, CBE, former Central Bank governor; Wendy Craigg, current governor of the Central Bank; Prime Minister Christie; Sir William Allen, KPMG, former Central Bank governor; and Julian Francis, CBE, former Central Bank governor. (BIS Photo/Peter Ramsay)

Tuesday, June 17, 2014
Tuesday, June 17, 2014

The Central Bank of The Bahamas is celebrating its 40th anniversary.

In commemoration of this major milestone, the bank presented a public exhibition highlighting all the past events and individuals that helped define the institution’s progress.

The Central Bank opened June 1, 1974, a little less than a year after The Bahamas gained independence.

The bank was established in order to improve banking and financial conditions and to achieve greater financial stability in the country.

Cable & Wireless has said that it intends to invest $200 million into the BTC telecommunications network over the next three years. Watch a ZNS Network news report here.

CentralNic has contracted to acquire the business and certain of the assets of Internet.BS Corp, a retailer of domain names registered in The Bahamas, for a maximum consideration of $7.5 million.

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